US dollar is mixed against major European currencies today as good news out of the United States contrasts with continued uncertainty out of the eurozone. Concerns about what’s next for Europe…
Posts published in February 2012
Euro Drops on Greek Debt Deal Delay
Once again, a decision about a Greek debt deal has been delayed. As a result, markets are jittery and the euro is dropping. Indeed, at one point the euro fell to three-week lows on the news…
Pound Climbs with Consumer Sentiment
The Great Britain pound jumped against the Japanese yen as the index of UK consumers’ confidence reached the highest level in five months. The currency dropped versus the US dollar. The Nationwide consumer confidence index…
Swedish Krona Falls After Riksbank Cuts Main Rate & Growth Forecast
The Swedish krona declined today after the nation’s central bank cut its main interest rate and lowered its growth forecast for 2012 as the negative developments in the eurozone hurt the country’s economy. The Riksbank…
Chile’s Central Bank Maintains Interest Rates
Chile’s central bank kept its main interest rate unchanged as the economic growth reduced need for an interest rate cut. The Chilean peso was flat versus the US dollar, while rose…
Disagreement Among Greece & EU Hurts Canadian Dollar
The Canadian dollar erased its earlier gains fell today against the US dollar and the Japanese yen as politician of Greece and other European countries argue about the bailout for the Hellenic Republic. The currency maintained…
Aussie Gets Boost from People’s Bank of China
Australian dollar got a boost in earlier trading as the governor of the People’s Bank of China reassured Europe — and the world — that China is still committed to investing in the euro as an asset. The news provided…
US Dollar Mixed this Morning
US dollar is mixed this morning on the Forex market as traders look for direction, and all of the latest news and information is processed. From China to Europe to Zynga, there is plenty to talk…
Retail Sales Boost NZ Dollar
The New Zealand dollar gained today after a government report showed that nation’s retail sales grew more than expected. The general good sentiment on the Forex market also helped the currency.…
Euro Rises as China Talks About Helping Europe
The euro advanced today as China signaled that it may help the European Union in battling the debt crisis and Germany’s economy shrank less than was forecast. Zhou Xiaochuan, Peopleâs Bank…